Cases & Deals

  • Home
  • Practices
  • TimkenSteel obtains $300 million credit facility

Share

TimkenSteel obtains $300 million credit facility

June 2014

Client(s) TimkenSteel Corporation

Jones Day represented TimkenSteel Corporation, a manufacturer of alloy steel, and carbon and micro-alloy steel products, in connection with its $300 million senior secured revolving credit facility. The credit facility consisted of a $50 million sublimit for multicurrency loans, a $50 million sublimit for letters of credit, and a $30 million sublimit for swing line loans, with the option to increase the size of the facility up to an additional $150 million of term loans.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.